South Korea's Hyundai Rotem and Korea Aerospace Industries have announced a partnership to jointly develop and integrate long-range air-to-air missiles for the KF-21 fighter.
Hanwha Group increased its stake in Korea Aerospace Industries (KAI) to 15.89%, triggering a merger review filing with the Korea Fair Trade Commission (KFTC).
South Korea's president raised the possibility of a joint airliner development program involving Embraer and the Brazilian government on his state visit to the country.
Lockheed Martin is continuing its teaming agreement with KAI to offer the T-50 trainer in the UK as it scours the country for a potential production partner.
South Korea has reversed plans to scale back production of the Korea Aerospace Industries (KAI) KF-21 fighter, restoring the program to its original schedule.
Hyundai partners with KAI to develop eVTOL aircraft, refocusing on advanced air mobility after restructuring Supernal and pausing its S-A2 air taxi program.
Korea Aerospace Industries rolled out the first KF-21 Blk. 1 production aircraft at its Sacheon facility, in a ceremony attended by President Lee Jae-myung.
The Bangladesh Air Force expressed strong interest in Korea Aerospace Industries’ Light Armed Helicopter, sources familiar with the talks tell Aviation Week.
Despite post-pandemic growth, stalled flagship programs raise questions about whether the commercial market is ready for the next leap in rotorcraft technology.
